Citadel sends letter to SEC, calling for stricter regulation of tokenized assets and DeFi
ChainCatcher news, according to Cointelegraph, Citadel has sent a letter to the U.S. Securities and Exchange Commission (SEC), calling for strengthened regulation of tokenized assets and decentralized finance (DeFi).
Citadel stated that the success of tokenized securities must be based on their own value, rather than relying on regulatory exemptions. Therefore, while it supports the Commission's initiatives aimed at promoting innovation and positioning the United States as a leader in the digital finance sector, it is essential to avoid bypassing key investor protection measures when trading tokenized securities. Tens of millions of Americans rely on the U.S. stock market to secure their future after retirement, and they must continue to benefit from it.


Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sector Update: Financial Stocks Softer Late Afternoon
Tredegar 10% owner James T. Gottwald sells 14 shares for $112
BWX Technologies Shares Rise After US Army Award for Janus Program
Regions Financial Shares Fall After Deutsche Bank Downgrade
